European Union member states reach agreement on a new round of sanctions against Russia in connection with its war in Ukraine after weeks of negotiation, diplomats say. Multiple outlets report that the final package is described as “watered down,” reflecting compromises reached during talks. A key element of the agreement is the freezing of the level of an oil price cap, rather than changing it upward or broadening it in the way some proposals had contemplated. The sanctions package is framed as an additional measure by the EU to respond to Russia’s actions in Ukraine. While the reports focus on the outcome of the negotiations and the oil-related component, they do not provide detailed breakdowns of all sanction measures beyond indicating the overall package and the oil price-cap decision. The agreement follows a period of extended discussions among member states before the EU can implement the next measures as part of its broader sanctions regime against Russia.
EU agrees new sanctions package on Russia over Ukraine, including oil price cap
European Union member states reach agreement on a new round of sanctions against Russia in connection with its war in Ukraine after weeks of negotiation, diplomats say. Multiple outlets report that th...
- The EU agrees a new sanctions package against Russia related to the war in Ukraine.
- The agreement follows weeks of negotiations among EU member states.
- Diplomats describe the final package as watered down.
- The package involves an oil price cap and freezes its level.
- The decision is reported as part of the EU’s ongoing sanctions policy toward Russia.
The European Union has agreed upon a new sanctions package against Russia for its war in Ukraine, which includes a price cap on Russian oil.
3 hours agoThe European Union has agreed upon a new sanctions package against Russia for its war in Ukraine, which includes a price cap on Russian oil.
4 hours agoEuropean Union countries have agreed a new watered-down round of sanctions on Russia over the Ukraine war after weeks of haggling, diplomats said, freezing the level of an oil price cap.
6 hours ago
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